Calendar Year
1975 in US Banking
110 bank events are on record for 1975: 13 failures, 97 mergers or acquisitions involving a bank, credit union or bank holding company, and 0 enforcement actions.
13
Failures
$419.9M in failed assets
97
Mergers
Federal Reserve NIC, banking organizations
0
Enforcement
OCC, FDIC, FRB, OTS and SEC 8-K filings
Jump to: Bank failures 1975 · Bank mergers 1975
How many banks failed in 1975?
13 banks failed in 1975, with $419.9M in assets. Each failure below links to its own page.
| Date | Bank | Assets |
|---|---|---|
| Dec 27, 1975 | The First State Bank of Jennings | $2.9M |
| Dec 19, 1975 | The Peoples Bank | $5.7M |
| Oct 24, 1975 | The Peoples Bank of the Virgin Islands | $14.9M |
| Oct 21, 1975 | American City Bank & Trust Company, N.A. | $147.6M |
| Oct 16, 1975 | Astro Bank | $5.5M |
| Jul 12, 1975 | State Bank of Clearing | $74.4M |
| Jul 1, 1975 | Bank of Chidester | $2.4M |
| Jun 18, 1975 | Bank of Picayune | $18.0M |
| May 30, 1975 | Algoma Bank | $5.2M |
| May 9, 1975 | Chicopee Bank & Trust Company | $11.4M |
| Mar 24, 1975 | Franklin Bank | $20.7M |
| Feb 19, 1975 | Northern Ohio Bank | $103.8M |
| Jan 3, 1975 | Swope Parkway National Bank | $7.6M |
Which banks merged in 1975?
97 mergers or acquisitions involving a bank, credit union or bank holding company are on record for 1975.
See the fuller list: Bank mergers 1975 with largest deals and credit union mergers ›
| Date | Acquired | Acquirer |
|---|---|---|
| Aug 1, 1975 | The Citizen's National Bank of Newport | First Citizens National Bank |
| Jul 8, 1975 | The Oregon Bank | Security Pacific Bank Oregon |
| Jul 3, 1975 | Bank of Chidester | Merchants and Planters Bank, National Association |
| Jul 1, 1975 | The Island Pond National Bank | Community National Bank |
| Jul 1, 1975 | State Bank of Amboy | First Farmers Bank & Trust Co. |
| Jul 1, 1975 | The First National Bank of Dushore | Northern Central Bank |
| Jul 1, 1975 | Metropolitan Savings Bank | Union Warren Savings Bank |
| Jul 1, 1975 | The Cumberland Savings Bank | Houghton State Bank |
| Jul 1, 1975 | The First National Bank of Philipsburg | Mid-State Bank and Trust Company |
| Jul 1, 1975 | The National Bank of Orange and Ulster Counties | Norstar Bank of the Hudson Valley, National Association |
| Jun 29, 1975 | Mother Lode Bank | (unnamed) |
| Jun 27, 1975 | Western Title Insurance Company | Western Financial Trust Company |
| Jun 27, 1975 | Shawmut Winchester Bank, N. A. | Shawmut County Bank, National Association |
| Jun 23, 1975 | Florida Bankshares, Inc. | Florida Bankshares, Inc. |
| Jun 2, 1975 | The First Bank of Cordova | Wells Fargo Bank Alaska, National Association |
| Jun 2, 1975 | First Charter National Bank | Heritage Bank-North |
| Jun 2, 1975 | City Savings Bank of Laconia, New Hampshire | New Hampshire Savings Bank |
| Jun 1, 1975 | The Cape May County National Bank | First National Bank of South Jersey |
| May 14, 1975 | Southern Arizona Bank and Trust Company | Wells Fargo Bank of Arizona, National Association |
| May 5, 1975 | Elmwood State Bank | Bankers National Bank |
| May 1, 1975 | The Fidelity National Bank | Fidelity American Bank Na, Roanoke Valley |
| May 1, 1975 | Bankers Trust of Rockland County | (unnamed) |
| May 1, 1975 | The Hooksett Bank | The Suncook Bank |
| May 1, 1975 | Exchange and Savings Bank of Berlin | Peninsula Bank |
| Apr 30, 1975 | Union State Bank | (unnamed) |
| Apr 7, 1975 | The Farmers Bank of Uniontown | Citizens Bank of Kentucky |
| Apr 1, 1975 | The First National Bank of Newfoundland | PNC Bank, Northeast PA |
| Apr 1, 1975 | Farmers State Bank of Middleville | Highpoint Community Bank |
| Mar 24, 1975 | The First National Bank of Tucker | First American Bank of Georgia N.A. (In Liquidation) |
| Mar 15, 1975 | People's Trust Company | Hudson United Bank |
| Mar 1, 1975 | Citizens Bank | First National Bank, Valparaiso |
| Mar 1, 1975 | Highland Park State Bank | Firstar Bank Iowa, National Association |
| Mar 1, 1975 | Springport State Savings Bank | City Bank and Trust Company |
| Feb 28, 1975 | First Laurel Bank | Pennbank |
| Feb 8, 1975 | The Richland National Bank | CoreStates Hamilton Bank |
| Feb 1, 1975 | First National Bank in Gouverneur | Key Bank of Northern New York National Association |
| Jan 23, 1975 | Harcourt Savings Bank | Boatmen's Bank of Fort Dodge |
| Jan 19, 1975 | Security National Bank | JPMorgan Chase Bank, N.A. |
| Jan 2, 1975 | State Bank of Randolph | First Trust Union Bank |
| Jan 2, 1975 | Farmers State Bank | First United Bank, National Association |
| Jan 2, 1975 | Farmers-Central Bank | (unnamed) |
| Jan 2, 1975 | The First National Bank of Altoona | Mellon Bank (Central) National Association |
| Jan 1, 1975 | The Bank of Walterboro | First National Bank of South Carolina |
| Jan 1, 1975 | New Haven Savings Bank | Security Bank Northeast |
| Jan 1, 1975 | Palmetto Bank and Trust Company | First National Bank of South Carolina |
| Jan 1, 1975 | Beacon Savings Bank | Heritage Savings Bank |
| Jan 1, 1975 | Colebrook Guaranty Savings Bank | Granite Bank |
Browse adjacent years: 1974 · 1976
Or jump to a category: Failures · Mergers · Enforcement · Assistance